Diamondback Energy, Inc.

Energy
Oil & Gas Production
www.diamondbackenergy.com

Earnings Score
Moat Score
Safety Score

Market Cap $31.23B
PE 10
Debt $12.92B
Cash $373.00M
EV $43.78B
FCF $3.13B

Earnings

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Sales & Net Margins

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Earnings	$3.20B
EBIT	$4.30B
ROE	8%
ROA	7%
FCF	$3.13B
Equity	$38.82B
Growth Stability	-894%
PE	9.75
PEG	0.17
PB	0.8
P/FCF	9.98
P/S	3.26
Price/Cash	0.01
Debt/Equity	0.33
Debt/FCF	4.13
Net Margins	31%
Op. Margins	45%
Earnings CAGR	23%
Sales Growth YoY	13%
Sales Growth QoQ	7%
Sales CAGR	47%
FCF CAGR	72%
Equity CAGR	28%
Earnings Stability	0.29
Earnings Growth YoY	-28%
Earnings Growth QoQ	-21%
Earnings CAGR 5Y	56%

Sales CAGR 5Y	30%
FCF CAGR 5Y	81%
Equity CAGR 5Y	15%
Earnings CAGR 3Y	5%
Sales CAGR 3Y	5%
FCF CAGR 3Y	1%
Equity CAGR 3Y	27%
Market Cap	$31.23B
Revenue	$9.58B
Dividend Yield	6%
Payout Ratio	60%
Assets	$65.75B
Total Debt	$12.92B
Cash	$373.00M
Shares Outstanding	187.25M
EV	43.78B
Earnings Score	18%
Moat Score	87%
Safety Score	57%
Final Score	54%
Working Capital	-2.44B
Current Ratio	0.45
Shares Growth 3y	2%
Equity Growth QoQ	110%
Equity Growth YoY	129%

Assets & ROA

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Stockholders Equity & ROE

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Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2021, the company reported net proven reserves of 1.8 billion barrels of oil equivalent. Net production averaged about 375,000 barrels per day in 2021, at a ratio of 60% oil, 20% natural gas liquids, and 20% natural gas.

SEC Filings

Direct access to Diamondback Energy, Inc. (FANG) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Diamondback Energy, Inc. compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Diamondback Energy, Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 23%

Stability 29%

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Diamondback Energy, Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Diamondback Energy, Inc..

Years

Calculation mode

= $3.5T

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$3.1B	$5.4B	$9.3B	$16B	$28B	$47B	$82B	$141B	$243B	$418B	$720B	$7.2T
DCF		$4.9B	$7.7B	$12B	$19B	$29B	$46B	$72B	$113B	$177B	$278B	$2.8T
Value	$3.5T

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	39%	-123%	-31%	40%	39%	6%	-166%	32%	45%	37%	31%
ROA	-	-26%	-1%	8%	5%	3%	-31%	17%	25%	16%	7%
ROE	-	-26%	-4%	9%	6%	2%	-48%	16%	28%	18%	8%

Good Net Margins (30.55%)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	-180.84	-36.41	15.33	42.72	30.34	11.85	2.71	1.4	1.99	4.13
Debt over Equity	0.34	0.23	0.28	0.26	0.32	0.36	0.61	0.51	0.4	0.38	0.33
Growth Stability	-	-	-	-	-	62%	-894%	-	-	100%	-894%

Bad Debt/FCF ratio (4.13)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Good Debt/Equity ratio (0.33)

The company is not overleveraged and has a good balance between equity and debt.

Bad Graham’s Stability (-894%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	-10%	18%	129%	81%	82%	-29%	142%	42%	-13%	30%
Earnings YoY growth	-	-384%	-70%	-392%	75%	-72%	-2K%	-146%	101%	-28%	56%
Equity YoY growth	-	6%	91%	39%	154%	5%	-34%	35%	18%	11%	15%
FCF YoY growth	-	-98%	1K%	-417%	8%	69%	186%	391%	80%	-25%	81%